Meridian Wealth Management LLC Makes New $133,000 Investment in BlackRock MuniYield Quality Fund, Inc. $MQY

Meridian Wealth Management LLC acquired a new stake in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 11,955 shares of the financial services provider’s stock, valued at approximately $133,000.

A number of other institutional investors also recently modified their holdings of MQY. Bank of New York Mellon Corp grew its holdings in BlackRock MuniYield Quality Fund by 15.1% in the first quarter. Bank of New York Mellon Corp now owns 32,459 shares of the financial services provider’s stock worth $380,000 after purchasing an additional 4,260 shares during the period. Journey Strategic Wealth LLC boosted its position in shares of BlackRock MuniYield Quality Fund by 77.3% during the 1st quarter. Journey Strategic Wealth LLC now owns 18,346 shares of the financial services provider’s stock worth $215,000 after purchasing an additional 8,000 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of BlackRock MuniYield Quality Fund by 10.7% in the 1st quarter. Cetera Investment Advisers now owns 23,937 shares of the financial services provider’s stock valued at $280,000 after buying an additional 2,316 shares during the period. Cornerstone Advisory LLC increased its position in BlackRock MuniYield Quality Fund by 6.9% in the 1st quarter. Cornerstone Advisory LLC now owns 1,076,867 shares of the financial services provider’s stock valued at $12,061,000 after buying an additional 69,143 shares in the last quarter. Finally, Shufro Rose & Co. LLC bought a new stake in BlackRock MuniYield Quality Fund in the 1st quarter valued at about $152,000. Institutional investors and hedge funds own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Stock Down 0.0%

MQY stock opened at $11.44 on Wednesday. The stock’s 50 day simple moving average is $11.63 and its 200 day simple moving average is $11.24. BlackRock MuniYield Quality Fund, Inc. has a fifty-two week low of $10.52 and a fifty-two week high of $12.93.

BlackRock MuniYield Quality Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, December 1st. Stockholders of record on Friday, November 14th will be given a dividend of $0.058 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date of this dividend is Friday, November 14th.

BlackRock MuniYield Quality Fund Profile

BlackRock MuniYield Quality Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests in long-term municipal obligations the interest on which is exempt from federal income taxes. The fund also invests in short-term securities.